Rockwell Asserts Intentions to Remain Independent after Investment Analyst Publishes Report on GE Potential Interest in Company

In response to a J.P. Morgan investment analyst's assessment that Rockwell Automation, Milwaukee, Wis., would be a “good fit” if GE built up its automation business, a Rockwell spokesperson said in Dec. 14 Reuters report that the company's shareholders would be best served by the firm remaining independent.